Nothing is safe, and nothing is sacred.
Tips from the field on reducing theft.
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Company will offer price and mortgage rate protection plans while targeting first-time home buyers.
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Big Builder blog roundup for Feb. 28, 2008
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Company says it will finish and deliver homes under construction and will cut 75 corporate jobs.
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Regulator will allow both GSEs to increase the aggregate amount of mortgages they can hold in their portfolios.
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Sales drop 2.8% from December and are 33.9% below this time last year.
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Company posts $96 million loss as revenues fall 23% and write-downs total $245.5 million.
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Despite bad news on home prices and the economy, every major builder stock posted big gains in heavy trading on Tuesday.
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Paris G. "Gary" Reece will leave the company at the end of June; move suprsies Wall Street.
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Conference Board Index has sharpest drop since the war in Iraq began in 2003.
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U.S. National Index declines 8.9%, the largest drop in the 20-year history of the series.
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Big Builder blog roundup for Feb. 25, 2008
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Rate of decline improves over December, but inventory of unsold homes was up 5.5% to a 10.3-month supply.
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Hanley Wood Market Intelligence Key Indicator Alert for Feb. 25, 2008
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Although Fannie Mae and Freddie Mac can now purchase and guarantee home loans of up to $729,750, they won't be traded in a key secondary market, limiting the prospect for sharply lower rates on "jumbo" mortgages.
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CEO Kenneth Love says Andrew Hede, from the firm of Alvarez & Marsal, is named CRO "as we continue to explore strategic alternatives available to the company."
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Big Builder blog roundup for Feb. 20, 2008
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Conference Board leading indicators fall; Philadelphia Fed reports manufacturing contraction; Labor Dept. issues mixed jobs report. But Conference Board president declares housing correction "over."
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Rise in core inflation, at 0.3%, is the biggest jump in seven months.